Our Elmhurst Chapter 7 bankruptcy attorneys have the knowledge and proficiency to help you succeed in your bankruptcy case at an affordable rate so as to not add more burden to your financial situation. Let O'Flaherty Law devote their time to ensure your assets can cover your debt without owing anything else to your trustees.
Please contact our friendly
Elmhurst Chapter 7 Bankruptcy Attorneys
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Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.
Elmhurst Chapter 7 bankruptcy lawyer Kevin O'Flaherty discusses the chapter 7 bankruptcy process in this Learn About Law episode.
Our Elmhurst Chapter 7 bankruptcy lawyers discuss the Chapter 7 Bankruptcy process including filing the bankruptcy petition, taking credit counseling courses, preparing bankruptcy schedules, appearance at the first meeting of creditors, and creditors' objections to discharge.
The first meeting of creditors is a meeting held between yourself, your attorney, and a trustee whose job is to make sure there is no fraud occurring in the meeting. While it's called the first meeting of creditors, it's actually very rare that any creditor attends, and the meeting is painless as long as the trustee is not adversarial.
Our Elmhurst Chapter 7 Bankruptcy attorneys talks about when you should file a chapter 13 vs. a chapter 7 bankruptcy.
There are several differences and qualifications to file chapter 13 or chapter 7 bankruptcy. Chapter 13 bankruptcy involves a set up payment plan to pay off the debt in 3-5 years, while a chapter 7 bankruptcy involves selling your assets in order to pay off your debt.